June 12, 2012

06/12/2012 Session


One trade:

Bought YMU12 @12,302, sold @12,338; P&L: + 36 points.

Orders for 06/13/2012 session:

Buy YMU12 @12,302 with 12,284 stop and 12,338 take-profit.
(Weekly Pivot Point @12,298; daily S1 support @12,362)

Sell YMU12 @12,598 with 12,616 stop and 12,562 take-profit.
(Daily R1 resistance @12,592; daily Pivot Point @12,440)

[ For some background and a disclaimer, please read this post and especially this post. ]

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